Aditya Birla Capital

Aditya Birla Sun Life AMC Limited

Aditya Birla Sun Life AMC Limited

ABSL Corporate Bond Fund

Debt Corporate Bond Fund

An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds. A relatively high interest rate risk and moderate credit risk.)

AUM (In crores)

NAV

Annualized Returns %

Annualized

Returns %

1 Year

3 Year

5 Year

Since Inception
Since Inception
1M
3M
6M
1Y
3Y
5Y
10Y
15Y
20Y

Aditya Birla Sun Life Corporate Bond Fund

SIP Amount
Min . â‚ą 100

Lumpsum Amount
Min. â‚ą 100

Aditya Birla Sun Life Corporate Bond Fund Overview

Aditya Birla Sun Life Corporate Bond Fund is an open ended debt scheme predominantly investing in AA+ and above rated corporate bonds. A relatively high interest rate risk and moderate credit risk.

Investment Objective

The investment objective of the scheme is to generate optimal returns with high liquidity through active management of the portfolio by investing in High Quality Debt and Money Market Instruments.

Why one can invest:

  • check-circle

    If you are looking for high liquidity for your investment through AA+ rated bonds.

  • If you are a conservative investor looking for an investment avenue for your short-term funds (3 months to 2 years)

  • If you are looking to have a diversified portfolio of debt instruments with investments as low as Rs.100/- and in multiples of Re. 1/- thereafter

Fund Details

CAGR

Latest NAV

(as on )

AUM

()

Inception Date

()

Risk

Investment Horizon

3 months to 2 years

Annualized Benchmark Returns

Min Investment

Entry load

NIL

Exit load

NIL

Total Expense Ratio (TER)

Sharp Ratio

Beta Ratio

Other Parameters

Standard Deviation

Modified Duration

-

Yield to Maturity

-

Portfolio Turnover:

-

Average Maturity

-

Macaulay Duration

-

Net Equity Exposure

-

Fund Managers

Mr. Kaustubh Gupta

Kaustubh Gupta is the Co-Head of Fi...
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Mr. Dhaval Joshi

Dhaval Joshi has an overall experie...
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Riskometer

(An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds. A relatively high interest rate risk and moderate credit risk)

This product is suitable for investors who are seeking

  • income with capital growth over short term

  • investments in debt and money market instruments

*Investors should consult their financial advisers if in doubt whether the product is suitable for them

Portfolio & Sector Holdings

Retail

% of Net Assets

Sector Holdings

Dividend History

Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.

Investment Performance

IDCW Plan of this scheme has distributed income to its investors out of its earnings, from time to time. The details of the same is tabulated:
Declared on date IDCW Yield (Regular Plan) IDCW Per Unit Cum IDCW NAV

Fund Summary

- Short term goals tend to be just as crucial as long-term goals.

- Debt funds, particularly bond funds can be one of the investment options to save for short term goals. They invest in quality debt – high rated (AA+ or more) corporate bonds/bonds issued by the central/state government.

- Aditya Birla Sun Life Corporate Bond Fund is one such open-ended debt fund. It invests predominantly in AA+ and above rated corporate bonds. Its active asset allocation strategy allows fund managers to adjust allocation across bonds to capitalise on interest rate changes in the market.

- The fund can be opted for a short-term investing period (typically 3 months to 2 years)

Fund discipline

- The Scheme aims to allocate between 80% to 100% of its net assets to Corporate bonds who carry rating of AA+ or more

- The Scheme may also invest up to 20% of its net assets in Government securities and money market instruments.

- . With the aim of controlling risks, rigorous in-depth credit evaluation is done. Ratings of rating agencies such as CRISIL, CARE and ICRA are relied upon.

- Additionally, macro-economic conditions are also studied to predict likely direction interest rates so as to position the portfolio accordingly.

Value Added Products

- Systematic Investment Plan (SIP) investing means automatically investing a pre-determined sum of money in this fund, at periodic and pre-determined time intervals.

- Gives investors the benefit of rupee cost averaging –

- SIP facility is augmented by several add ons such as Step-up SIPs, Pause SIP, Multi Scheme SIPs etc.

Also Read: What is SIP?

Salient features of STP:

- Systematic Transfer Plan (STP)STP allows the Investors to invest by transfer of a fixed amount from any of the following schemes to any open ended scheme of Aditya Birla Sun Life Mutual Fund.

- STP facility can be daily, weekly, monthly or quarterly

Salient features of SWP:

- Systematic Withdrawal Plan (SWP) allows investors to periodically withdraw fixed sums of money from the fund. This can take the form of withdrawal of fixed, pre-determined amounts or capital appreciation amount.

- Its primary objective is to meet the regular income needs of investors

Salient features of CATP:

- Capital Appreciation Transfer Plan (CATP) is a modified version of STP. It allows investors to periodically transfer the capital appreciation earned by investment/s in other open-ended schemes of Aditya Birla, into this fund

- CATP is offered at monthly or quarterly intervals

Tax Applicability

Pursuant to amendment to the Finance Bill 2023, any capital gains earned on investments made in this scheme on or after 1 April 2023, will be considered as short-term capital gains and added to the investor’s income and taxed at the applicable income tax slab rates (plus any applicable surcharge and cess), regardless of the investment holding period.

Please note that investments made on or before March 31, 2023, and held for more than 36 months will be eligible for indexation benefit in taxation. Gains on such investments will be taxed at a rate of 20% (plus applicable surcharge and cess) after taking into account the indexation benefit.

Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.

Forms & Downloads

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Frequently Asked Questions

There are two ways in which you can invest in this fund.

o Via Direct Plan - involves purchasing units of the fund directly from Aditya Birla Sun Life Mutual Fund
o Via Regular Plan – involves investing through a distributor or broker of your choice.

Both these plans have a common portfolio but separate NAVs. This is because they both apply different expense ratios. Your choice of plan thus directly impacts the returns from your investment.

To redeem your investments in the direct plan of Aditya Birla Sun Life Corporate Bond Fund, you can use their mobile app or desktop webpage and select a specified amount or number of units to redeem. For investments made in the regular plan through Registrar and Transfer Agent (RTA) or Mutual Fund Distributor (MFD), you can submit a duly signed redemption form to the respective RTA/MFD or redeem online through their portal, if available.

Yes, you can invest in Aditya Birla Sun Life Corporate Bond Fund via both, SIP, and lump-sum route. The choice of mode of investing should depend on your investing objective, risk appetite and investment horizon.

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